EPIC RESEARCH MCX SILVER UPDATE OF 17 JUNE 2016

Silver trading range for the day is 40869-42849.
Silver gains after the Federal Reserve sounded a less dovish note after its latest policy meeting, ahead of Britain's vote on whether to leave the EU.         The Fed signalled that it still plans to raise rates twice in 2016, but said slower economic growth would crimp the pace of tightening in future years.     Expectations that the U.S. central bank would press ahead with rate hikes over the summer faded earlier this month after the release of weak U.S. payrolls data for May.

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